SBI Overnight Fund Regular Dividend Daily is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 22 Nov 2010. R Arun is the Current Fund Manager of SBI Overnight Fund Regular Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹4,841 Cr and the Latest NAV as of 13 Dec 2019 is ₹1009.91.
The SBI Overnight Fund Regular Dividend Daily is rated Low risk. Minimum Lumpsum Investment is 5000. Nil.
To mitigate interest rate risk and generate opportunities for regular income through a portfolio investing predominantly in floating rate securities and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment